Obligatory: https://www.schneier.com/crypto-gram-9812.html $300,000 isn't a whole lot more than it would cost to get n entire novel cryptosystem for a complex application built out of idiosyncratic components assessed professionally. They should just retain Riscure or Rambus to do that for them instead of the PR stunt. Previous thread about Telegram on HN, featuring Moxie Marlinspike: https://news.ycombinator.com/ite…
PR stunt has side benefits besides pure security even though the method has shortcomings. Namely, the PR part, which may play a significant role in its actual success. We know for a fact that most people aim for better known than just better.
Not so many news stories about simple OTR.